News: Owners Developers & Managers

Jack Resnick & Sons completes 19,864 s/f of lease renewals at 8 West 40th St.

Manhattan, NY Jack Resnick & Sons has renewed several leases totaling 19,864 s/f at 8 West 40th St., its boutique 22-story office building in Midtown’s Bryant Park neighborhood.

In the larger of two office transactions, Jack Victor, Ltd. will expand to 11,000 s/f across the entire 17th floor and a portion of the 18th floor. The Canadian-based manufacturer for men’s clothing was founded in 1913 and is expanding its showroom and U.S. executive offices by 4,321 s/f as part of a ten-year transaction. 

Marchon Eyewear, Inc. has also extended its lease for its New York City offices and showroom for five years across the entire 15th, 21st and 22nd floors, totaling 8,864 s/f.

“We are happy to extend our relationships with Jack Victor and Marchon, two top-flight fashion firms that have made 8 West 40th their long-term homes,” said Jonathan Resnick, president of Jack Resnick & Sons. “This boutique building’s location, quality, and naturally lit, intimate floorplates are a perfect fit for fashion and creative firms seeking private, full-floor showrooms and offices.”

Originally designed by Starrett & Van Vleck and acquired by Jack Resnick & Sons in 1962, 8 West 40th St. features bird’s eye views of Bryant Park and is conveniently situated within the City’s “Transit Triangle.”

Other major tenants at the 137,327 s/f office building include Hakimian Management Corp., Trammo, Inc., American Friends of Tel Aviv University, The Altman Foundation, eCapital Asset Based Lending Corp., Estel America, Inc., Middlegate Securities and Merlyn Mind. The ground floor of the property features a Heritage Grand Bakery serving Parisian-style artisanal breads, specialty cakes, pastries and a companion Heritage Grand Restaurant & Pizza Bar.

Jack Resnick & Sons was represented in-house in both transactions by Fran Delgorio and Brett Greenberg. Jared Freede of CBRE represented Jack Victor. Amy DeAngelis and Paul Walker of CBRE represented Marchon Eyewear.

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily